Megasoft to shift business base to US

Hyderabad-based Megasoft, a product-based technology company, announced on Tuesday that its business headquarters will be moved to the US while the global delivery, research and development, and......

Megasoft buys 60% pie in German IT firm

Chennai-based Megasoft is to acquire 60 per cent stake in 1.4 million euro German IT services company -- Beam AG -- in an all cash deal, it was announced on Monday.The company, however, did not......

Right time to be an entrepreneur in India

At TiE-ISB Connect 2006 in Hyderabad, Srini Raju, chairman of iLabs Capital and a venture capitalist, said that his passion is to help create the next generation of global companies from India and......

ilabs feels predatory, set to acquire two firms

The company has identified two listed companies for acquisition, one in the US and the other in India, to further its growth plans."We are expecting the acquisition exercise to be completed by the......